Term Loan is a type of loan that must be repaid within a specified period of time to be repaid and fixed at a fixed interest rate or float interest rate. Term Loan is an appropriate type of loan for small and medium enterprises. It is also a type of loan that reduces interest rates because it is able to make partial repayments.
1.(3) License Photo (Within 6 month).
2.Copy of National ID
4.A copy of a valid business license
5.Actual Living in ward Recommendation and actual operation in Zone
6.Municipal Tax for the nearest month
7.Receipts of revenue tax for the last 3 years
8.Financial statements for the last 3 years
9.Collateral (land & building)
10.Grant, map and history of property (From 105/106)
11.Insurance Property affidavit
12.Documents concerning the ownership of properties
13.Business Photo (Front/Back/Left & Right)
15.BOD meeting minutes to get loan from bank
16.Insurance submitted a list of items / values
No. (298), Corner of Anawrahta Road & Wardan Street, 2nd Ward, Lanmadaw Township.